Devon Energy (DVN) Tax Rate (2009 - 2026)

Devon Energy (DVN) reported Tax Rate of 143.51% for Q1 2026, up 19158.0% year-over-year from N/an in Q1 2025, and up 4654.93% quarter-over-quarter from 3.15% in Q4 2025.

Devon Energy (DVN) Tax Rate (2009 - 2026) Analysis & Trends

Devon Energy (DVN) has 18 years of Tax Rate data on file, last reported at 143.51% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 143.51%, up 19158.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 31.78% (down 1539.0% YoY), and the FY2025 annual result was 134.38%, down 29174.0% from the prior year.
  • Tax Rate climbed to 143.51% in Q1 2026 per DVN's latest filing, from 3.15% in the prior quarter.
  • Over five years, Tax Rate peaked at 224.62% in Q2 2024 and troughed at 278.95% in Q1 2024.
  • A 5-year average of 26.77% and a median of 22.92% in 2022 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2025: Tax Rate plunged 75384 bps in 2022, then surged 23088 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 22.47% in 2022, then jumped by 80 bps to 40.51% in 2023, then surged by 106 bps to 83.46% in 2024, then tumbled by 104 bps to 3.15% in 2025, then surged by 4655 bps to 143.51% in 2026.
  • Business Quant data shows DVN's Tax Rate at 143.51% in Q1 2026, 3.15% in Q4 2025, and 128.82% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 32.08%
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 35.09%
4 Eog Resources 72.93 Bn 69.08 Bn - 22.50%
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 39.49%
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 18.18%
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -24.95%
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 21.81%
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 41.73%
10 Devon Energy 27.08 Bn 27.08 Bn 3.61 Bn 143.51%

Historic Data

Download Data
DateValue
Mar 31, 2026 143.51%
Mar 31, 2026 143.51%
Dec 31, 2025 -3.15%
Dec 31, 2025 -3.15%
Sep 30, 2025 -128.82%
Sep 30, 2025 -128.82%
Jun 30, 2025 150.67%
Jun 30, 2025 150.67%
Mar 31, 2025 -48.07%
Mar 31, 2025 -48.07%
Dec 31, 2024 83.46%
Dec 31, 2024 83.46%
Sep 30, 2024 -6.33%
Sep 30, 2024 -6.33%
Jun 30, 2024 224.62%
Jun 30, 2024 224.62%
Mar 31, 2024 -278.95%
Mar 31, 2024 -278.95%
Dec 31, 2023 40.51%
Dec 31, 2023 40.51%